CID Capital Partners Invests in Corvette America
January 28, 2019
CID Capital Partners has partnered with Corvette America, a Reedsville, Pennsylvania-based manufacturer, distributor and e-tailer of aftermarket restoration and performance products for Chevrolet Corvettes and Ford Mustangs. The transaction is supported by senior financing from First Merchants Bank and subordinated debt from Aldine Capital Partners; CID intends to grow Corvette America as a platform and pursue add-on acquisitions to accelerate expansion.
- Buyers
- CID Capital Partners
- Targets
- Corvette America
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
CID Capital Recapitalizes Georgia Metals
September 15, 2022
Building Products
Indianapolis-based private equity firm CID Capital partnered with Georgia Metals in a recapitalization to support the company's growth and acquisition strategy across the Southeast. CID will continue to work with Georgia Metals' President Tripp Strickland and the transaction was financed in part by First Merchants Bank.
-
Bison Capital Partners Makes Strategic Investment in Motorcar Parts of America, Inc.
March 31, 2023
Automotive
Bison Capital Partners VI, LP announced a strategic (growth) investment in Motorcar Parts of America, Inc., a remanufacturer, manufacturer and distributor of automotive aftermarket parts and EV testing/diagnostic equipment. The investment is intended to support Motorcar Parts of America’s product and geographic expansion and to accelerate its electrification testing and diagnostic capabilities.
-
Legendary Companies & Irving Place Capital Acquire Paragon Corvette Reproductions
June 10, 2021
Automotive
Legendary Companies, together with private equity firm Irving Place Capital, has acquired Paragon Corvette Reproductions, a Swartz Creek, Michigan-based retailer and reproducer of out-of-production Corvette parts. The deal brings Paragon’s reproduction parts and distribution capabilities into Legendary’s collector-vehicle parts and accessories platform to expand product offering and reach into the vintage Corvette restoration market.
-
CID Capital Acquires PDQ Manufacturing
March 3, 2023
Manufacturing
Indianapolis-based private equity firm CID Capital has acquired PDQ Manufacturing, a Lancaster, Pennsylvania manufacturer of commercial door hardware, locks, deadbolts, door closers and electronic locking solutions. CID named industry veteran Phil Bradney as CEO and said it will support the company’s growth under its ownership.
-
First Capital Partners and Ardent Investors Invest in Claims Resolution Corporation
October 22, 2021
Insurance
First Capital Partners, LLC and Ardent Investors, LLC (with co-investment from members of CRC's senior management) provided subordinated debt and equity financing to Claims Resolution Corporation (CRC), a Galloway, New Jersey-based third-party administrator specializing in workers' compensation and liability claims. The capital will support CRC's growth strategy, including add-on acquisitions in its existing Northeast markets and potential expansion into new geographies.
-
Century Park Capital Partners Recapitalizes CJ Pony Parts
April 5, 2021
E-Commerce
Century Park Capital Partners has recapitalized CJ Pony Parts, the Harrisburg, Pennsylvania-based e-commerce leader in Classic Mustang aftermarket parts. Founder Jay Zeigler will remain involved, President Mike Large will continue in his role and participate in the transaction, and BMO Sponsor Finance provided debt financing; terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.